Sep 02, 2021 08:00 AM

Zte Corporation’s Net Profit Rose 95.9% in First Half of 2021

Zte Corporation (中兴通讯股份有限公司) (000063.SZ) reported a net profit of 4.6 billion yuan in the first half of 2021, up 95.9% year-on-year.

Meanwhile, the company posted 53.1 billion yuan in revenue, up 12.4% year-on-year.

At the end of the reporting period, it had 165.9 billion yuan in total assets and 115.7 billion yuan in total liabilities, with a liability-to-asset ratio of 69.8%.

This article was automatically produced by Caixin Automation on Sept. 2, 2021.

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